Russia’s economy is stagnating – but that won’t force it to end the war
Since Russia’s full-scale invasion of Ukraine three years ago and the subsequent imposition of tough economic sanctions, the Russian economy has unquestionably been under pressure. Problems have been accumulating and Russia does appear to be experiencing gradual economic decline – but not at all to the extent that has been claimed.
Irish Star on MSN1d
Russian economy in freefall as mortgage costs triple and mass layoffs cripple major firmsThe Russian economy is on the brink of collapse, with industrial output falling and major companies initiating large-scale ...
Three years of war are taking a heavy toll on the Russian economy, with the situation compounded by soaring interest rates.
U.S. President Donald Trump warned Russia of "devastating" economic consequences if it did not sign onto a cease-fire deal ...
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources ...
Russian banks are reportedly trying to "cash in" on customers. One of the country’s newspapers, Izvestia, writes the total ...
As Putin weighs up a proposed cease-fire deal with Ukraine, he's likely preparing his own conditions — US sanction relief ...
Georgy Filimonov, the governor of Russia's Vologda region, who also blames alcohol consumption for Russia's mortality rates, ...
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Earlier efforts by Trump’s team had focused on pressuring Kyiv to accept a swift resolution, but Russia’s hesitation to ...
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